S&P Futures Slip Amid Risk Aversion, U.S. PPI Data on Tap

The U.S. Core PPI will also be closely monitored today. Economists expect January figures to be +0.3% m/m and +3.0% y/y, compared to +0.7% m/m and +3.3% y/y in December.Today, all eyes are focused on the U.S. Producer Price Index, which is set to be released in a couple of hours. The PPI will provide further insight into the outlook for inflation. Economists, on average, forecast that the U.S. January PPI will stand at +0.3% m/m and +2.6% y/y, compared to the previous figures of +0.5% m/m and +3.0% y/y.Mean ...